Ireland named best place to invest in Western Europe

Ireland has been named best place to invest in Western Europe and Dublin has been named as the best Western Europe city to invest in

Ireland has topped the list of the best places to invest in Western Europe, according to the annual Global Best-to-Invest Rankings compiled by international magazine Site Selection.

IDA Ireland tweeted the survey findings this morning.

In terms of the locations in Western Europe that are ‘Best-to-Invest’, Ireland tops the list, followed by the UK, Germany, Austria, Switzerland and Italy.

In terms of top metropolitan locations to invest, Dublin tops the list, followed by Frankfurt, Edinburgh and Birmingham.

In Eastern Europe, Hungary tops the list, followed by Poland and Slovak Republic, while in Asia-Pacific Singapore is listed as the best place to invest followed by Australia and Malaysia.

The Best-to-Invest rankings are determined 50pc by LocationSelector.com-supplied analysis in the following categories: business environment, business risks, foreign direct investment and infrastructure; and 50pc by new and expanded facilities announced in 2011 and tracked by Site Selection publisher Conway Data Inc’s (CDI) New Plant Database.

The Best to Invest metros rankings were determined 40pc by LocationSelector.com-supplied analysis in the areas of business environment, business risks, foreign direct investment, infrastructure and accessibility; 20pc on an unscientific survey of global site consultants; and 40pc on New Plant Database projects.